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Report: Ontario Households Spend More Than 50% of After-Tax Earnings for Mortgage Payments
“There is a perception that housing outside of the GTA is still somewhat affordable, but that’s not true,” said Austin Thompson, senior policy analyst with the Fraser Institute. Continue Reading Report: Ontario Households Spend More Than 50% of After-Tax Earnings for Mortgage Payments
Report: Ontario Households Spend More Than 50% of After-Tax Earnings for Mortgage Payments
“There is a perception that housing outside of the GTA is still somewhat affordable, but that’s not true,” said Austin Thompson, senior policy analyst with the Fraser Institute. Continue Reading Report: Ontario Households Spend More Than 50% of After-Tax Earnings for Mortgage Payments
California Home Sales and Prices Forecasted to Rise in 2026
A new forecast published by the California Association of Realtors (CAR) is predicting existing single-family home sales across the state will reach a total of 274,400 unites, a 2% increase from this year’s projected sales of 269,000. The projected 2025 sales figure...
Keller Williams Furthers European Presence with Hungarian Franchise
Keller Williams Realty LLC (KW) has expanded its European presence with the awarding of a new master franchise in Hungary. Led by Regional Operating Principal Akos Megyeri, a former US Army officer who has been active in the Hungarian real estate industry for more...
Kentucky Home Sales and Prices in August Decline
Kentucky recorded 4,581 home sales in August, a 4.23% decline from the prior month but also a 5.9% year-over-year increases. According to data from Kentucky Realtors, the state recorded 6,320 new listings last month, an 8.71% decline from July and a 0.8% uptick from...
NEWS & CURRENT EVENTS
Treasury Secretary Bessent Backpedals on Demand for Fed to Cut Rates by 50 Basis Points
“I didn’t tell the Fed what to do,” Bessent said. Continue Reading Treasury Secretary Bessent Backpedals on Demand for Fed to Cut Rates by 50 Basis Points
Foreign Purchases of Texas Residential Properties Up 9% Year-Over-Year
Most of the international buyers of Texas houses came from Mexico (30%), followed by Canada and China (each at 8%), India (7%), and Nigeria (6%). T Continue Reading Foreign Purchases of Texas Residential Properties Up 9% Year-Over-Year
Q2 Mortgage Delinquency Rate Down Slightly
The delinquency rate was down 11 basis points from the first quarter and down 4 basis points from the second quarter of 2024. Continue Reading Q2 Mortgage Delinquency Rate Down Slightly
Building Permits for Apartments Down 23% Since the Pandemic Construction Boom
San Jose led the nation with the greatest median asking rent increase – 8.8% year-over-year in July to $3,569. Continue Reading Building Permits for Apartments Down 23% Since the Pandemic Construction Boom
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Union Sues to Halt DOGE Access and Work Stoppage at CFPB
The union blamed Elon Musk, the head of DOGE, for trying to break the CFPB for his own personal gain. Continue Reading Union Sues to Halt DOGE Access and Work Stoppage at CFPB
Only 15% of Q4 California Homebuyers Could Afford a Median-Priced Home
A minimum annual income of $222,000 was needed to qualify for the purchase of a $874,290 statewide median-priced, existing single-family California home. Continue Reading Only 15% of Q4 California Homebuyers Could Afford a Median-Priced Home
New Initiative to Raise College Student Awareness of Commercial Real Estate Careers
The MBA will receive a $750,000 grant over three years from the PREA Foundation to expand industry outreach and engagement. Continue Reading New Initiative to Raise College Student Awareness of Commercial Real Estate Careers
CFPB’s Vought Stops Fed Funding for Agency, Closes Agency HQ for the Week
“Accountability at the CFPB is long overdue,” said Vought. Continue Reading CFPB’s Vought Stops Fed Funding for Agency, Closes Agency HQ for the Week
Elon Musk: FEMA Gave $59 Million Last Week to NYC Hotels for Housing Illegal Immigrants
“A clawback demand will be made today to recoup those funds,” Musk wrote. Continue Reading Elon Musk: FEMA Gave $59 Million Last Week to NYC Hotels for Housing Illegal Immigrants
HUD’s Turner Stops Enforcement of Gender Identity Rule, Declaring ‘There Are Only Two Sexes’
The 2016 rule allowed individuals to self-identify their gender without regard to their biological sex. Continue Reading HUD’s Turner Stops Enforcement of Gender Identity Rule, Declaring ‘There Are Only Two Sexes’
Rocket Companies Launches ‘Own the Dream’ Marketing Campaign During Super Bowl Broadcast
The Detroit-headquartered company premiered the campaign with a 60-second commercial during the game’s second quarter. Continue Reading Rocket Companies Launches ‘Own the Dream’ Marketing Campaign During Super Bowl Broadcast
Hyatt to Acquire Playa Hotels & Resorts for $2.6 Billion
Playa is the owner and operator of resorts in Mexico, the Dominican Republic and Jamaica. Continue Reading Hyatt to Acquire Playa Hotels & Resorts for $2.6 Billion
205-Unit Affordable Housing Unit to be Built in City of Quebec
Delivery is scheduled for fall 2026. Continue Reading 205-Unit Affordable Housing Unit to be Built in City of Quebec
OMB Director Vought Takes Over as CFPB Acting Director
Vought’s ordered the CFPB staff to grant access to all “non-classified” systems to the members of Elon Musk’s Department of Government Efficiency. Continue Reading OMB Director Vought Takes Over as CFPB Acting Director
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